Collection Agency threatening legal action for item lost in natural disaster?

StripedLife asked:


On August 29, 2005 my home and belongings washed away in the storm surge of Hurricane Katrina. Prior to the storm I had financed a computer purchase through Dell. This computer was destroyed in the storm. I now have a collection agency threatening legal action to collect for the balance of the computer plus about 2000.00 in finance charges and late fees. My federal flood insurance proceeds did not include any contents coverage at all, only structure damage and loss. I have been told by several people that items lost in natural disasters are exempt from collection action as stated by the Fair Trade Consumer Protection Act. However, I can’t find information on this particular issue anywhere. Can anyone help me, provide assistance, or guidance? I have been all over the FTC website to no avail. Thank you!

Clarence
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Posted under Consumer Protection

This post was written by admin on April 7, 2009

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I’m doing a speech on hybrid cars (for speech class) but all research points to not buying a hybrid card?

tomg asked:


I’m doing a persuasive speech to influence people to buy hybrid cars (it’s for college speech class). I’m focusing on the financial benefits (i.e. savings on gas) but reports from consumer protection and Newsweek indicate that the savings on gas with a hybrid are not enough to consider buying one.

The research says that after maintanence costs, insurance, the extra premium to buy hybrids, and so forth that the savings on gas do not add up. It only says that you should buy if you are environmentally conscious and that’s not what I’m focuing my speech on.

HELP.

Need sources and articles that say otherwise. Didn’t the price of hybrids fall??

Julie

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Posted under Consumer Protection

This post was written by admin on December 4, 2008

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